main operations of $1 billion, 149 million, in the first 9 months of 2018, despite the increasing fuel prices.
This is just as the airline has announced its passenger and cargo traffic results for October, with the airline reaching 83.4% load factor
Turkish Airlines, managed to increase both passenger and cargo revenue significantly, achieved a total revenue of approximately USD 4 billion in the third quarter of the year and with such remarkable performance,
sales revenue in the first nine months increased by 20 percent to USD 9.9 billion, compared to the same period of 2017.
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Continuing its uninterrupted profitable growth performance, Turkish Airlines managed to increase its
net profit by 3 times in the first 9 months of the year and completed this period with a net profit of USD 755 million.
Commenting on this brilliant success, Turkish Airlines Chairman of the Board and the Executive
Committee, M. Ilker Ayci said; “We are delighted and proud to announce our third quarter results of this year, in
which we put great emphasis on strengthening and improving the infrastructure conditions we have. We would like to thank all our passengers, employees, business partners and stakeholders who have contributed to this important achievement.”
According to the airline management, on top of the strong base effect of the last year, the
growth in the number of passengers, revenue per kilometer and load factor, is an important indicator of the continued growing interest in Turkey and Turkish Airlines in the last quarter of the year as well.
According to the January-October 2018 Traffic Results; there was also an increase in demand and
total number of passengers was 10% and 11%, respectively, over the same period of last year. Total number of passengers exceeded 64 million. Total Load Factor improved by 3 points up to 82.2%, while international Load Factor increased by 3 points reaching 82% and domestic Load Factor went up by 2 points reaching 86%.